TLDR
- XRP has closed at $2.96, its highest finish in two weeks, signaling potential for a breakout.
- Analysts predict XRP could reach $10 by the end of the year if it breaks through key resistance levels.
- XRP’s price movement shows a pattern of breakouts after falling trendlines, strengthening its bullish outlook.
- Market experts emphasize that XRP’s support at $2.6 remains critical for its future rally.
- XRP has displayed resilience and strength, holding key support levels despite recent corrections.
XRP may be setting up for a major breakout by the end of the year, according to a market veteran. The token closed at $2.96 on September 7, its highest finish in two weeks. Analysts now predict that XRP may be preparing for a fresh upward surge.
XRP Eyes Breakout After Trendline Breach
XRP has maintained a pattern of rallying after falling trendlines since November 2024. After trading under $1 for most of 2024, it broke out in November and rallied to $2.9. That move came after the U.S. elections and triggered a strong bullish trend.
Don't sleep on $XRP into eoy… pic.twitter.com/lg5zP1BYgZ
— Heisenberg (@Mr_Derivatives) September 7, 2025
In early January 2025, XRP reached $3.4 after breaking another falling trendline. The move came after a controlled decline through December. This trend of breakout after a fall repeated through early 2025.
By June 2025, XRP entered a parabolic rally that peaked above $3.6 in July. This run pushed the Relative Strength Index (RSI) into overbought territory. After that, XRP corrected but stayed within a bullish structure.
Currently, XRP trades just below key resistance near $3.05 to $3.20. A breakout above this level could lead toward $3.8 or even $4.2. If momentum continues, analysts say XRP may aim for $10 before year-end.
Analysts Cite Key Support and Historical Patterns
Heisenberg, a popular market commentator, said, “This pattern has repeated three times. We’re seeing it again now.” He emphasized the importance of XRP holding its support zone near $2.6. As long as XRP remains above that, the bullish case remains valid.
Gordon, a veteran trader, also believes in the bullish setup. He noted, “XRP price has moved sideways for too long and could spike to $6 quickly.” This view reflects growing optimism among experienced traders.
$XRP has been consolidating at these prices for MONTHS.
We will teleport to $6.00 and we will love it.
Do you understand? pic.twitter.com/zBSe9VgawG
— Gordon (@AltcoinGordon) September 8, 2025
Hov, another respected analyst, shared a more conditional view. He explained that XRP stands at a tipping point between breakout or continued consolidation. However, he expects resolution to this pattern soon.
Meanwhile, technical indicators continue to support the bullish case. On Sept. 7, XRP’s RSI cooled to 48.86, offering room for upside. The token also closed near the upper range of its falling trendline.
XRP Strengthens Against Gold and Other Benchmarks
CryptoInsightUK analyzed XRP’s chart in comparison with gold. He stated that XRP rejected the 0.702 retracement but still held strong support levels. He also mentioned that daily support levels continue to provide buying interest.
The $XRP / $XAU chart is really interesting.
It still hasn't set an ATH. In fact, it rejected the 0.702 pretty cleanly. The chart looks good though, holding previous range highs as support.
The daily is currently bouncing cleanly off support with a bullish cross on the RSI at… pic.twitter.com/oqY99uQ4VO
— Cryptoinsightuk (@Cryptoinsightuk) September 8, 2025
He pointed out a recent bullish RSI cross, which indicates strengthening momentum. The token has shown resilience even after recent corrections. These factors contribute to a stronger long-term outlook for XRP.
The $2.6 support zone remains a critical level to watch. A break below this level could weaken the bullish setup. But as long as XRP holds above it, analysts expect a strong year-end run.
